PMI to Present at International Association of Insurance Supervisors Conference

PMI to Present at International Association of Insurance Supervisors Conference

October 19, 2006

    WALNUT CREEK, Calif., Oct. 19 /Xinhua-PRNewswire/ --
The PMI Group, Inc. (NYSE: PMI) will share its risk
management expertise at the 13th annual International
Association of Insurance Supervisors conference in Beijing,
China.

    "PMI provides financial products that reduce
risks, lower costs, and expand market access for mortgage
lenders and investors," said Vic Bacigalupi, Executive
Vice President and General Counsel at PMI.  "PMI was
invited by conference organizers to share our expertise as
a specialized monoline insurer with prudent risk management
practices because they believe our global experience in
providing customized solutions enables us to offer a
valuable and unique perspective on the world's mortgage
markets."

    Bacigalupi will participate in the panel discussion,
"Cross Sector Supervision and Financial
Conglomerates" Thursday, October 19, at 2:30 p.m.
local time.  The panel discussion will take place at the
Beijing Hotel in the ballroom of Building C.  

    "PMI's goal is to foster homeownership worldwide. 
We do that by helping to ensure mortgages are available to
prospective homebuyers through products and services that
support the growth and stability of the international
mortgage finance system," said Bacigalupi.  "I
want to thank the China Insurance Regulatory Commission for
hosting this important event, and compliment them and the
Chinese government for their leadership in regulating
financial services. This is a great recognition and
opportunity for us to engage with insurance industry
participants around the world to explain the value of
mortgage insurance and PMI's affordable housing
solutions." 

    Conference participants include representatives from
national regulatory bodies, banking and insurance
industries, trade associations, credit rating agencies, and
political groups, and non-governmental organizations.

    About The PMI Group, Inc.

    The PMI Group, Inc., headquartered in Walnut Creek, CA,
provides innovative credit, capital, and risk transfer
solutions that expand homeownership and fund essential
services for our customers and the communities they serve
around the world. Through its wholly and partially owned
subsidiaries, PMI offers residential mortgage insurance and
credit enhancement products, financial guaranty insurance,
and financial guaranty reinsurance. PMI has operations in
Asia, Australia and New Zealand, Europe, and the United
States.  For more information:  http://www.pmigroup.com .

    For more information, please contact:

    Media
     Beth Haiken
     Tel: [phone]

    Investors
     Bill Horning
     Tel: [phone]

SOURCE  PMI Group, Inc.